Tag: dollar
USDCAD Price Breaches the Resistance – Forecast for June 27, 2024
Jennifer -
USDCAD Price Analysis Expected Scenario The USDCAD price showed clear positive movement yesterday, breaching the $1.3690 resistance level and settling above it. This move halts the...
CHFJPY Settles Below the Support – Forecast for June 27, 2024
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CHFJPY Price Analysis Expected Scenario The CHFJPY price encountered a strong barrier at 179.25, preventing a continuation of the bullish momentum and prompting the formation of...
Which Money Is the Highest Value in the World?
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Currency value is a crucial factor in the global economy, impacting trade, investment, and everyday transactions. The value of a currency can influence economic...
EURJPY Maintains Sideways Movement – June 26, 2024
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EURJPY Price Analysis The EURJPY pair traded within narrow ranges yesterday, oscillating between the additional support at 170.70 and the solid resistance at 171.60. The...
CADCHF Nears Significant Resistance – June 26, 2024
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CADCHF Price Analysis Recent movements in the CADCHF price have seen multiple corrective bullish waves, pushing above the MA55 indicator and settling near 0.6555. Notably,...
GBPJPY Resumes Upward Momentum – June 26, 2024
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GBPJPY Price Analysis The GBPJPY pair has resumed its upward momentum, achieving additional gains and reaching 202.87. This confirms its adherence to a bullish bias,...
Nvidia Shares Surge Nearly 7% Following Market Rebound from $430 Billion Slump
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Nvidia (NASDAQ:NVDA) saw its shares climb nearly 7% on Tuesday, reversing a three-day decline that had wiped out approximately $430 billion from the company's...
GBP/JPY Touches First Target – Forecast for June 25, 2024
Jennifer -
GBP/JPY Price Analysis Expected Scenario The GBP/JPY pair experienced a brief corrective bearish wave yesterday but stabilized above the additional support level of 201.40. It successfully...
EUR/JPY Approaches Target – Forecast for June 25, 2024
Jennifer -
EUR/JPY Price Analysis Expected Scenario The EUR/JPY pair has continued its bullish movement after surpassing the 170.90 barrier, approaching the first additional target of 171.60 yesterday....
EUR/GBP Repeats Negative Closings – Forecast for June 25, 2024
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EUR/GBP Price Analysis Expected Scenario The EUR/GBP pair remains consolidated within a minor bearish channel, currently influenced by the strong resistance at the 0.8485 level. This...
Which is the Most Unsafe Currency?
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The global economy operates on a complex network of currencies, each representing the economic health and stability of its respective country. However, not all...
What Lot Size Should I Use in Forex Trading?
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Forex trading, the practice of trading currencies, is one of the largest and most liquid financial markets in the world. One of the key...